Accounting Today

JANUARY 30, 2024

With the agency touting improved service and response times, tax practitioners are acknowledging the gains, but still see room for more.

Tax 323

Tax 323

Intuit

JANUARY 30, 2024

It’s no secret that the federal tax code is long, complex, and difficult to understand. In fact, many Americans don’t have a clear understanding of how the tax code works or what federal programs and initiatives their tax dollars support. Understandably, this lack of transparency can be a massive source of frustration every tax season. More than 80 percent of Americans say that the complexity of the federal tax system bothers them.

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Tax Budgeting Billing Accounting 130

Accounting Today

JANUARY 30, 2024

Accountants and tax pros need to take steps to protect themselves as they start the countdown to April 15.

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Tax Accounting Accounting 317

Insightful Accountant

JANUARY 30, 2024

During the 2nd-day of their 2024 Summit, Acumatica announced the event’s date and location for 2025. They also premiere new features and functionalities that will be implemented with their 2024R1 and R2 updates.

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

Accounting Today

JANUARY 30, 2024

A recent survey has found that, despite an increasingly data-driven business world, 42% of finance leaders don't completely trust data from their own organizations.

Corporate Finance 243

Corporate Finance 243

Insightful Accountant

JANUARY 30, 2024

During the 2nd-day of their 2024 Summit, Acumatica announced the event’s date and location for 2025. They also premiere new features and functionalities that will be implemented with their 2024R1 and R2 updates.

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Dext

JANUARY 30, 2024

About Northwest Construction Cooperative Northwest Construction Cooperative is a construction business based in Olympia – Washington, specialized in residential remodeling and new custom homes.

Accounting 59

Accounting Accounting 59

Accounting Today

JANUARY 30, 2024

The city's department of finance audited Signature after the bank shuttered in March and found tax deficiencies for years 2015 through 2021 related to unreported income allocation and adjustments to investment and capital income.

Tax 211

Tax Auditing 211

oAppsNet

JANUARY 30, 2024

Various challenges can arise in world financial management, threatening the stability and accuracy of cash receipt processes. This comprehensive exploration delves into the typical cash receipt challenges businesses face, unraveling strategies to navigate turbulent financial waters and emerge with financial clarity. 1. Manual Data Entry Errors: The Quagmire of Human Oversight One of the perennial challenges in cash receipts management is the propensity for manual data entry errors.

Data Entry 52

Data Entry Deposits Reconciling Financial Records 52

Accounting Today

JANUARY 30, 2024

The international network has signed up five collaborating firms in Argentina, Chile, Colombia and Mexico.

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Accounting Accounting 208

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Collections

Outsourced Bookeeping

JANUARY 30, 2024

Certified Public Accountant (CPA) firms face numerous challenges, ranging from technological advancements to the complexities of globalization and regulatory changes. Striking a balance between business growth and managing accounting tasks is a daunting task for many CPA firms. To overcome this challenge, an increasing number of CPA firms are turning to outsourcing as a strategic solution.

CPA 52

CPA Outsourced Bookkeeping Accounting Accounting 52

Accounting Today

JANUARY 30, 2024

The firm delivered a 4% rise to its 833 U.K. partners, similar to last year's levels, but they remain at the bottom of the pay table.

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200

Tipalti

JANUARY 30, 2024

Having a streamlined and efficient expense reimbursement process is critical for any business looking to maximize profits and not leave money on the table.

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52

Accounting Today

JANUARY 30, 2024

The Public Company Accounting Oversight Board staff report offered insights into the PCAOB's inspection program for auditors of broker-dealers and issues with professional skepticism and low-ball fees.

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Auditing Accounting Accounting 189

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Accounts Payable

Insightful Accountant

JANUARY 30, 2024

60% of SME Respondents Would Consider New Solutions, Citing Simplicity, Improved User Experience and Lower Cost as Drivers of Change

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Accounting Today

JANUARY 30, 2024

The IRS is pushing back payment and filing deadlines.

Tax 189

Tax 189

finout

JANUARY 30, 2024

?Explore GCP storage pricing and optimization strategies in our guide for effective cost management.

FinOps 52

FinOps FinOps 52

Accounting Today

JANUARY 30, 2024

Joshua Beal's DeafTax thrives by serving the hearing-impaired community — as clients and employees

Tax 189

Tax 189

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Accounting

Cloud Accounting Podcast

JANUARY 30, 2024

This week, Blake and David Leary sort through the mail and respond to a variety of listener emails and voicemails. Amongst the topics covered, they explore working as a TurboTax preparer to barriers faced by career-changers entering public accounting. They go on to debate the root causes behind accounting's heavy workloads and offer perspectives on how licensing rules and firm profitability shape experiences.

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CPA Accounting Accounting 51

Accounting Today

JANUARY 30, 2024

An ex-Freshfields Bruckhaus Deringer partner who helped top investment banks navigate the Cum-Ex trading strategy behind Europe's biggest tax scandal was sentenced to three and a half years in prison.

Tax 189

Tax 189

Tipalti

JANUARY 30, 2024

How can expense reconciliation affect your bottom line and how can you most efficiently reconcile expense reports? Learn about common challenges and how to overcome them.

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Reconciling Expense Reports 40

Accounting Today

JANUARY 30, 2024

With the Qualified Business Income tax deduction of 20% set to expire in 2025 (unless it's extended), clients who are starting a business may wonder how their choice of entity will impact their QBI deduction and ultimately their bottom line.

Tax 157

Tax Corporation Tax 157

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

Payroll

Accounting Tools

JANUARY 30, 2024

What is a Currency Swap? A currency swap is a spot transaction on the over-the-counter market that is executed at the same time as a forward transaction, with currencies being exchanged at both the spot date and the forward date. One currency is bought at the spot rate and date, while the transaction is reversed at the forward date and rate. Thus, once the swap expires, both parties return to their original positions.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Today

JANUARY 30, 2024

Incentives and resistance; inspiring staff ambition; the keys to change; and other highlights from our favorite tax bloggers.

Tax 150

Tax 150

Accounting Tools

JANUARY 30, 2024

What is a Certified Public Accountant? A certified public accountant is an accountant who has passed all parts of the CPA examination, as administered by the American Institute of Certified Public Accountants , and who has completed all additional work and educational requirements of their local state accounting regulatory agency. A CPA is authorized to render an opinion on the fairness of a client's financial statements.

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CPA Accounting Accounting Financial Statements 40

Accounting Today

JANUARY 30, 2024

The window for participating in Accounting Today and Best Companies Group's annual ranking is currently open.

Accounting 150

Accounting Accounting 150

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Accounting Tools

JANUARY 30, 2024

What are Employer Payroll Taxes? Employer payroll taxes include taxes primarily related to employee benefits and unemployment funds. The liability and withholding obligations for these taxes are as follows: The total amount of payroll taxes collected by the employer from employees , as well as those recorded as an expense by the employer. The employer is responsible for remitting both types of payroll taxes to the applicable governments.

Payroll 40

Payroll Tax Collections Auditing 40

Accounting Today

JANUARY 30, 2024

These five management tips can lead dwindling teams to meet compliance requirements — and turn tax departments into value-add parts of an organization.

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Budgeting Tax Corporation Tax 145

Accounting Tools

JANUARY 30, 2024

What is the Material Yield Variance? The material yield variance is the difference between the actual amount of material used and the standard amount expected to be used, multiplied by the standard cost of the materials. The standard unit usage is developed by the engineering staff, and is based on expected scrap rates in a production process, the quality of raw materials , losses during equipment setup, and related factors.

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Tipalti

JANUARY 30, 2024

When it comes to managing company expenses, it may be tempting to over optimize the way your company spends money. But doing so can actually cut into your revenue by making it more difficult for your teams to do their jobs and maintain daily operations.

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40

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA